This unique property offers an excellent monthly income and returns on investment - Student Accommodation Opportunity!
This beautifully renovated property boasts 11 income-generating rooms that are all tenanted. The property accommodates 22 beds for students which currently fetches a rental rate of R2750 per student per month.
The rooms contain two single mattresses and lockup cupboards for each student as well as a study desk with a study light, comfortable chair, and bookshelf each.
The property offers a fully fitted kitchen, a communal lounge, and two study rooms.
The common bathroom provides a shower facility with curtains for each cubicle (1 per 7 students) and lockable toilets (1 per 5 students).
Property Information & Features
- Property Type
- Listing Type
- For Sale
- Sydenham, Port Elizabeth
- R 2,699,000 · Get Pre-Qualified
- Price per m²
- R 5,730
- Erf Size
- 471 m²
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